Fool.com contributor Parkev Tatevosian highlights one dividend stock that could make an excellent addition to passive income investor portfolios.
*Stock prices used were the afternoon prices of July 3, 2023. The video was published on July 5, 2023.
1 Dividend Stock Down 57% You'll Regret Not Buying on the Dip
By Parkev Tatevosian, CFA – Jul 6, 2023 at 4:15AM
NYSE: M
Macy's
Market Cap
$5.2B
Today's Change
(-0.26%) $0.05
Current Price
$19.49
Price as of October 31, 2025 at 5:00 PM ET
This dividend stock took the opportunity to right-size operations during the pandemic.
About the Author
A Fool since 2019, and a graduate of Cal State LA with a B.S. in Finance and M.A. in Economics. Parkev is an adjunct professor of Finance and enjoys reading about financial and economic history. You'll often find him writing about stocks in the consumer goods and technology sectors.